Business Journal Article About Our Pension Study

The St. Louis Business Journal has an online story about the study of Missouri’s public pensions that the Show-Me Institute released last week. (You can also find the article via the Kansas City Business Journal‘s site.)

The study was written by Richard C. Dreyfus of Pennsylvania, who has alerted us to the dangers of underfunding public pensions, and of failing to alter their provisions in a way that would move them toward an increased level of defined contributions over time. And I just know that as soon as you read the word “danger,” you thought there was going to be a Jaws reference. …